709 East 216th Street, The Bronx
Apartment building · 18 units · built 2023 · Block 4664, Lot 46.
Building permits
- New Building — Multi-Family, filed Apr 11, 2022, estimated cost $2.5M, 18 units, 4 stories, described as “New 4 story residential building”
- Alteration, filed Aug 9, 2023, estimated cost $5K, described as “Temporary installation of heavy duty sidewalk shed/overhead protection as per drawings during general construction work. No change in use, egress, and occupancy. Sidewalk shed to comply with chapter 33 of the NYC building code of 2022”
- Alteration, filed Jul 12, 2023, estimated cost $10K, described as “Structural work in conjunction with GC application #X00672299-I1”
- Alteration, filed Jun 1, 2022, described as “Herewith filing roof protection plans”
- Alteration, filed Apr 27, 2022, estimated cost $276K, described as “Foundation and excavation work in conjunction with NB application #X00672299-I1”
- Alteration, filed Apr 26, 2022, estimated cost $137K, described as “Support of excavation in conjunction with NB application #X00672299-I1”
- Alteration, filed Feb 1, 2022, estimated cost $5K, described as “Construction Fence filed in conjunction with nb # X00672299-I1 and Demo#220741856”
Property taxes
- Assessment
- $653,400
- 2026–27 tax
- $3,116
- Market value (city estimate)
- $1,452,000
- Taxable value
- $25,050
- Assessed land
- $72,450
- Assessed improvements
- $580,950
Tax breaks
- 421-a exemption, through Jun 30, 2060, about $78,160 a year below the full tax.
Zoning
R7A: floor area ratio 2.64 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jan 21, 2022: $810,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 709 East 216th Street in Olinville, The Bronx, New York YIMBY, Jul 24, 2024.